Aurania finds target zone from mapping at Awacha

Executive Summary

• Aurania Resources confirms a >6 km × 4 km hydrothermal alteration zone at the Awacha porphyry copper target in Ecuador, identified through Anaconda‑style mapping and supported by magnetic and MobileMT anomalies.
• Dr. Steve Garwin delineates a 2,200 m × 1,200 m high‑potential drill target, recommending detailed mapping and soil sampling to define future drill pad locations.
• Surface rock chip assays show up to 0.37 % Cu, 0.20 g/t Au, 306 ppm Mo and associated alteration mineralogy indicative of porphyry systems.

Key Details

• Anaconda‑style mapping covered 17 km² and >2,200 outcrops, producing a comprehensive geological database for the Awacha area.
• The identified zone exhibits a classic porphyry alteration sequence: early propylitic → potassic → phyllic → argillic → advanced argillic.
• Central argillic core: ~2 km (N‑S) × 1 km (E‑W); flanked by phyllic and localized advanced‑argillic zones.
• Rock chip results (surface): 0.37 % Cu, 0.20 g/t Au, 580 ppm As, 49 ppm Bi, 306 ppm Mo.
• Soil and rock chip anomalies show elevated Cu/Zn ratios and Mo, defining a 6 km × 4 km peripheral ring around the central argillic zone.
• Chalcopyrite‑rich quartz veinlets and high chalcopyrite/pyrite ratios outline an additional ~2 km diameter zone southwest of the core.
• Dr. Garwin recommends 1:1,000 to 1:2,000 scale detailed mapping to pinpoint drill pad locations and extending prospecting over MobileMT anomalies “1” and “2”.
• The target zone (2,200 m × 1,200 m) is spatially coincident with a magnetic high anomaly and elevated MobileMT conductivity—both classic indicators of porphyry mineralization.
• Qualified Person: Jean‑Paul Pallier, MSc., Vice‑President Exploration, designated EurGeol and NI 43‑101 qualified person.

Notable Quotes

(No direct quotes were provided in the release.)